Benzinga - by Lisa Levin, Benzinga Editor.
Shares of Urban Outfitters, Inc. (NASDAQ: URBN) dipped during Wednesday’s session after the company reported third-quarter financial results.
Urban Outfitters reported quarterly earnings of 88 cents per share, topping the analyst consensus estimate of 82 cents per share. The company reported record quarterly sales of $1.28 billion which exceeded analyst expectations of $1.26 billion, according to data from Benzinga Pro.
Urban Outfitters shares fell 9.9% to $32.73 on Wednesday.
Here are some other stocks moving in today's mid-day session.
Gainers
- AgileThought, Inc. (NASDAQ: AGIL) shares jumped 206.4% to $0.2514 after gaining 5% on Tuesday.
- PaxMedica, Inc. (NASDAQ: PXMD) rose 33% to $1.08 as the company announced pricing of $7 million public offering.
- SciSparc Ltd. (NASDAQ: SPRC) gained 29.5% to $8.25 after the company announced it signed a non-binding letter of intent to merge with a vehicle importer company in Israel.
- Agape ATP Corporation (NASDAQ: ATPC) climbed 22% to $1.15. Agape ATP announced a $1 million share repurchase plan over the next 6 months.
- Ryvyl Inc. (NASDAQ: RVYL) rose 21.6% to $3.77. The company recently posted a narrower loss for the third quarter.
- Heart Test Laboratories, Inc. (NASDAQ: HSCS) shares rose 19.3% to $0.2340. HeartSciences recently announced closing of license agreements with the Icahn School of Medicine at Mount Sinai to develop and commercialize AI cardiovascular algorithms.
- Safety Shot, Inc. (NASDAQ: SHOT) rose 17.5% to $5.63.
- Gyre Therapeutics, Inc. (NASDAQ: GYRE) climbed 14.2% to $14.54.
- Edesa Biotech, Inc. (NASDAQ: EDSA) gained 12.1% to $3.14. HC Wainwright & Co. reiterated Edesa Biotech with a Buy and maintained a $10 price target.
- agilon health, inc. (NYSE: AGL) climbed 9.3% to $12.02. Deutsche Bank downgraded Agilon Health from Buy to Hold and lowered the price target from $27 to $12.
- GH Research PLC (NASDAQ: GHRS) gained 8.4% to $6.34.
- Connect Biopharma Holdings Limited(NASDAQ: CNTB) gained 8% to $1.36 after dipping over 40% on Tuesday. Connect Biopharma Holdings released topline results from Stage 2 (maintenance period) of its China pivotal trial evaluating rademikibart's (formerly known as CBP-201) efficacy and safety in patients with moderate-to-severe atopic dermatitis (AD).
- VinFast Auto Ltd. (NASDAQ: VFS) gained 7% to $6.41.
- Safe and Green Development Corporation (NASDAQ: SGD) gained 5% to $3.96. Safe and Green Development shares jumped 33% on Tuesday after the company signed a non-binding Letter of Intent to invest money in Majestic World Holdings in exchange for access to the software platform Xene.
- HP Inc. (NYSE: HPQ) gained 4.3% to $29.08 following quarterly results.
- Alterity Therapeutics Limited (NASDAQ: ATHE) fell 18.8% to $1.9239.
- MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) declined 16.6% to $3.2501.
- Tharimmune, Inc. (NASDAQ: THAR) fell 16.1% to $3.01.
- Anghami Inc. (NASDAQ: ANGH) fell 14.7% to $2.6505. Anghami shares jumped 97% on Tuesday after the company and OSN+ announced a deal that will combine their businesses.
- Genenta Science S.p.A. (NASDAQ: GNTA) dipped 14.7% to $4.29.
- Alpha Technology Group Limited (NASDAQ: ATGL) fell 13.7% to $17.69 on post-IPO volatility.
- Guess?, Inc. (NYSE: GES) shares fell 11.2% to $21.03 after the company reported worse-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance below estimates.
- TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) shares fell 11% to $0.1931 after jumping 25% on Tuesday.
- Emeren Group Ltd (NYSE: SOL) shares fell 8.2% to $2.4050 after posting a loss for the third quarter.
- Nordstrom, Inc. (NYSE: JWN) fell 6.8% to $13.89 after the company reported third-quarter financial results.
- Deere & Company (NYSE: DE) fell 6.7% to $356.50 after the company reported fourth-quarter financial results.
- Autodesk, Inc. (NASDAQ: ADSK) fell 5.8% to $205.07. Autodesk posted upbeat results for the third quarter. The company also said it sees full-year earnings between $7.43 and $7.49 per share and revenue between $5.45 billion and $5.465 billion.
- Gaotu Techedu Inc. (NYSE: GOTU) fell 5.2% to $2.58 following third-quarter results.
Now Read This: How To Earn $500 A Month From Guess? Stock Following Q3 Earnings Report
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